On january 3, 2018, roberts company purchased 30% of the 100,000 shares of common stock of thomas corporation, paying $1,500,000. there was no goodwill or other cost allocation associated with the investment. roberts has significant influence over thomas. during 2018, thomas reported net income of $300,000 and paid dividends of $100,000. on january 4, 2019, roberts sold 15,000 shares for $800,000.

Most angel investors expect a return on investment of question options: 20% to 25% over 5 years. 15% to 20% over 5 years. 75% over 10 years. 100% over 5 years.

Salaries are $4,500 per week for five working days and are paid weekly at the end of the day fridays. the end of the month falls on a thursday. the accountant for dayton company made the appropriate accrual adjustment and posted it to the ledger. the balance of salaries payable, as shown on the adjusted trial balance, will be a (assume that there was no beginning balance in the salaries payable account.)

An employer takes a deduction from your paycheck for federal taxes. where does this money go? -the money is sent to the federal government to pay for goods and services for the community. -the money is sent to the mayor. -the money is sent to the federal government and deposited in a retirement account. -the money is sent to the social security fund.